The Cyprus Development Bank Public Company Ltd

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Business Focus
corporate and investment banking

Founded in 1963, the Cyprus Development Bank is focused on providing corporate and investment banking products and services to both Cypriot and international enterprises.

Services

retail banking
corporate banking
wealth management

Clients

natural persons
business entities

Area Served

CYCyprus
internationally

Products

current accounts
overdrafts
payment cards
savings accounts
time deposit accounts
trade finance
business loans

Account Currencies

EUEUR (Euro)
foreign currencies

Card Providers

MasterCard

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of The Cyprus Development Bank Public Company Ltd can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements The Cyprus Development Bank Public Company Ltd performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual The Cyprus Development Bank Public Company Ltd will ask him/her to provide the following documents: passport or ID card; utility bill; wage slip. For corporate clients The Cyprus Development Bank Public Company Ltd will ask to provide corporate documentation as well as information about controlling persons. The Cyprus Development Bank Public Company Ltd may request additional documentation or information depending on the case. The Cyprus Development Bank Public Company Ltd performs client's identity verification via branch visit.

Ways to Bank

The Cyprus Development Bank Public Company Ltd delivers its products and services through both direct and indirect channels, namely:
branch
online banking
phone

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Deposit Guarantee Fund for Banks
Covered Depositors
natural persons (domestic and foreign)
legal entites (domestic and foreign)
Covered Accounts
all accounts

The Cyprus Development Bank Public Company Ltd participates in the deposit guarantee scheme of Cyprus. This deposit guarantee scheme applies to all accounts made by natural persons (domestic and foreign), legal entites (domestic and foreign) and covers up to up to 100,000 EUR per bank per depositor. The Cyprus Development Bank Public Company Ltd is a member of Deposit Guarantee Fund for Banks and makes its contributions into it.

Contacts

50, Archiepiskopou Makariou III Avenue, 1065, Nicosia, Cyprus
22846500
22846600

The Cyprus Development Bank Public Company Ltd is headquartered in Nicosia.

Social Networks

The Cyprus Development Bank Public Company Ltd has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
CYDBCY2N
LEI
549300TTZTKBUFKWH890
MFI ID
CY110012

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